All quiet so far after the equities pop

<p>After the opening hour in European trading, <a href="https://www.forexlive.com/news/stocks-recover-some-poise-on-the-session-20230814/" target="_blank" rel="follow">equities caught a bit of a pop higher</a>. Since then, it has been relatively quiet with stocks just holding slightly higher while major currencies are doing a whole lot of nothing on the session. Dollar pairs are still sitting within 0.1% change of one another, just slugging along since earlier <a href="https://www.forexlive.com/news/dollar-trades-little-changed-on-the-day-now-20230814/" target="_blank" rel="follow">here</a>.</p><p>That said, just be mindful that the greenback still has the potential to jump higher in trading this week: <a href="https://www.forexlive.com/news/dollar-has-the-recipe-for-the-next-leg-higher-20230814/" target="_blank" rel="follow">Dollar has the recipe for the next leg higher</a></p><p>Elsewhere, bonds are also showing little appetite so far today. 2-year Treasury yields are near unchanged at 4.890% while 10-year Treasury yields are down slightly by 1.5 bps to 4.153% currently. With little on the economic calendar today, the risk mood will be act as a key driver on trading sentiment alongside the dollar technicals above.</p>

This article was written by Justin Low at www.forexlive.com.